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Red Violet closes USD 115 million follow-on common stock offering

PUBT·08/07/2026 15:07:36
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Red Violet closes USD 115 million follow-on common stock offering
  • Red Violet closed an underwritten public offering of 1,916,667 common shares, including full exercise of the 250,000-share over-allotment option.
  • Gross proceeds totaled USD 115 million; estimated net proceeds were about USD 108.6 million.
  • Proceeds earmarked for working capital, general corporate purposes, potential strategic acquisitions.
  • Raymond James, Needham served as joint bookrunners; B. Riley Securities, Craig-Hallum were co-managers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Violet Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608071107PRIMZONEFULLFEED9806047) on August 07, 2026, and is solely responsible for the information contained therein.